Retail
January 24, 2022
The growth of China’s luxury market slowed in 2021 versus 2020, but certain drivers should keep it buoyant long-term. Image credit: Shutterstock
{"ct":"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","iv":"07e09d9fa86652136d45eb39d50fe597","s":"3da1ff1364b55ab7"}
Share your thoughts. Click here